Triplex investment opportunity located within walking distance of Abbot Kinney Blvd and heart of Venice Beach. Delivered with one unit vacant, a value-add opportunity with large upside in current rents. Land is zoned LAR3, and may provide an opportunity for an investor/developer to add more density now or in the future. Motivated seller. Property sold in as-is condition.
Sold for $1,500,000
$1,500,000
602 Venezia Ave, Venice, CA 90291
2beds
3baths
1,382sqft
MultiFamily
Built in 1924
-- sqft lot
$1,572,000 Zestimate®
$1,085/sqft
$6,958 Estimated rent
Home value
$1,572,000
$1.40M - $1.78M
$6,958/mo
Zestimate® history
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$9,558/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced air, Electric, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,382 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Lot
- Size: 5,309 Square Feet
Details
- Additional structures: Other
- Parcel number: 4237004011
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Community & HOA
Location
- Region: Venice
Financial & listing details
- Price per square foot: $1,085/sqft
- Tax assessed value: $1,530,000
- Annual tax amount: $18,440
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2023 | Sold | $1,500,000-14.3%$1,085/sqft |
Source: Public Record Report a problem | ||
| 4/17/2023 | Listing removed | -- |
Source:  CLAW #22-205325 Report a problem | ||
| 10/17/2022 | Listed for sale | $1,750,000-12.3%$1,266/sqft |
Source: CLAW #22-205325 Report a problem | ||
| 10/7/2022 | Listing removed | -- |
Source: CLAW #22-141995 Report a problem | ||
| 4/6/2022 | Listed for sale | $1,995,000+2.3%$1,444/sqft |
Source: CLAW #22-141995 Report a problem | ||
| 7/1/2020 | Listing removed | $1,950,000$1,411/sqft |
Source: CB Richard Ellis, Inc. #20563316 Report a problem | ||
| 6/22/2020 | Price change | $1,950,000-2.5%$1,411/sqft |
Source: CB Richard Ellis, Inc. #20563316 Report a problem | ||
| 6/8/2020 | Price change | $2,000,000-4.8%$1,447/sqft |
Source: CB Richard Ellis, Inc. #20563316 Report a problem | ||
| 3/24/2020 | Listed for sale | $2,100,000$1,520/sqft |
Source: CB Richard Ellis, Inc. #20563316 Report a problem | ||
| 8/15/2014 | Listing removed | $1,595$1/sqft |
Source: Los Angeles Property MGMT Inc. Report a problem | ||
| 8/7/2014 | Price change | $1,595-0.3%$1/sqft |
Source: Los Angeles Property MGMT Inc. Report a problem | ||
| 7/11/2014 | Listed for rent | $1,600$1/sqft |
Source: Los Angeles Property MGMT Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,440 +1% | $1,530,000 +2% |
| 2024 | $18,256 +39.5% | $1,500,000 +40.3% |
| 2023 | $13,090 +4.9% | $1,069,308 +2% |
| 2022 | $12,482 +1.2% | $1,048,342 +2% |
| 2021 | $12,329 -1% | $1,027,787 +1% |
| 2020 | $12,457 | $1,017,249 +2% |
| 2019 | $12,457 +4.7% | $997,304 +2% |
| 2018 | $11,899 | $977,750 +2% |
| 2017 | $11,899 +2.2% | $958,580 +2% |
| 2016 | $11,641 +2.2% | $939,786 +1.5% |
| 2015 | $11,385 +1% | $925,671 +2% |
| 2014 | $11,269 | $907,539 +4.5% |
| 2011 | -- | $868,359 +0.8% |
| 2010 | -- | $861,870 -0.2% |
| 2009 | -- | $863,918 -6.6% |
| 2008 | -- | $925,000 +42.7% |
| 2007 | -- | $648,124 +2% |
| 2006 | -- | $635,416 +107.2% |
| 2004 | -- | $306,596 +3.9% |
| 2002 | -- | $295,077 +40% |
| 2000 | -- | $210,767 |
Find assessor info on the county website
Neighborhood: Venice
Nearby homes
- $--1 bd1 ba800 sqft602 Venezia Ave #A, Venice, CA 90291Off Market
- $--1 bd1 ba800 sqft602 Venezia Ave #C, Venice, CA 90291Off Market
- $2,674,5004 bd3 ba2k sqft604 Venezia Ave, Venice, CA 90291Off Market
- $1,515,9001 bd1 ba-- sqft604 1/4 Venezia Ave, Venice, CA 90291Off Market
- $661,5001 bd1 ba688 sqft2111 S Zeno Pl, Venice, CA 90291Off Market
- $1,120,6002 bd2 ba1.2k sqft2109 Zeno Pl, Venice, CA 90291Off Market
- $2,674,0001 bd2 ba1.9k sqft2116 Zeno Pl, Venice, CA 90291Off Market
- $1,960,9591 bd1 ba750 sqft606 Venezia Ave, Venice, CA 90291Off Market
Nearby schools
GreatSchools rating
- 10/10Coeur D'Alene Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 1.2 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$1,572,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,572,000
- California
- Los Angeles County
- Los Angeles
- 90291
- Venice
- 602 Venezia Ave
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